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Announced

Brødrene A & O Johansen to acquire Workwear Group for DKK271m.

Synopsis

Brødrene A & O Johansen, a Denmark-based wholesaler of technical installation materials and supplies to the construction industry, agreed to acquire Workwear Group, a workwear and uniforms solutions provider, for DKK271m. With the purchase of Workwear Group, AO also gets a new, automated warehouse in Jutland with significant, unused capacity, which will form part of the overall logistics solution for AO.

Principals

Workwear Group

target

Workwear Group

Brodrene A & O Johansen

bidder

Brodrene A & O Johansen

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Market Context

Dealmakers (5)

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Tommy Søgaard

Tommy Søgaard

ManagerFounder at WORKWEAR GROUP
Deal Bio
Total Deals
1/
Total Value
£31M
Mathias Andersen

Mathias Andersen

LawyerAttorney at Gorrissen Federspiel
Deal Bio
Total Deals
12/
Total Value
£825M
Gitte Dehn Lansner

Gitte Dehn Lansner

LawyerPartner at Gorrissen Federspiel
Deal Bio
Total Deals
32/
Total Value
£5,146M
Per Toelstang

Per Toelstang

ManagerCFO at BRODRENE A & O JOHANSEN
Deal Bio
Total Deals
1/
Total Value
£31M
Niels Johansen

Niels Johansen

ManagerCEO at BRODRENE A & O JOHANSEN
Deal Bio
Total Deals
2/
Total Value
£31M

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